Characteristics of pyramid investment scheme scam

[cherry123]

The pyramid investment Schemes scam has the following characteristics

promise by the scammers to invest small investment but earn a large pay ou or profit.

investors need to find others to invest too.

The profit or payout that one gets is money paid by other investors.

The scheme no longer work when there are no new investors

The scammer takes all the investors money and run away.

Have you experienced this?

 

[eldavis]

Oh i have experienced this on so many occasions, one major characteristics is that they tend to rely highly on referrals. Meaning if you do not refer you cannot move to the next level, hence you cannot earn.

 

[cherry123]

A lot of times people tend to fall for these kind of scams due to their greed. It is very important to void all ponzi scheme and be good with just your jobs